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Cholamandalam MS General Insurance Associate salaries in India

Annual salary range
6 - 14 years exp.
₹0.9 Lakh - ₹8.6 Lakhs
Low Confidence
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Low confidence means that this average salary is based on data that was reported by very few people.
Salary of majority employees
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Fixed (88%)
₹3.9 Lakhs
Variable (12%)
₹0.6 Lakh
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41% less than the average Associate Salary in Insurance Companies for 6 - 14 years of experience

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Salaries in different departments

Customer Success, Service & Operations
Associate Salary
7 - 14 years exp. (3 salaries)
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₹2.2 L/yr - ₹8.6 L/yr

BFSI, Investments & Trading
Associate Salary
6 years exp. (AmbitionBox Estimate)
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₹0.8 L/yr - ₹1 L/yr

Last Updated: 19 Feb 2024

Companies similar to Cholamandalam MS General Insurance for Associate

Company name Avg Annual Salary Open Jobs
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MetLife Associate Salary

0 - 4 years exp. (90 salaries)

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₹1.8 L/yr - ₹6.2 L/yr

arrow icon 13% less
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Swiss Re Associate Salary

1 - 7 years exp. (68 salaries)

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₹5 L/yr - ₹17 L/yr

arrow icon 172% more
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₹1.5 L/yr - ₹4.8 L/yr

arrow icon 36% less
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₹1.5 L/yr - ₹4.2 L/yr

arrow icon 43% less
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₹1.8 L/yr - ₹4 L/yr

arrow icon 34% less
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₹1.5 L/yr - ₹4.4 L/yr

arrow icon 39% less
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Axis Max Life Insurance Associate Salary

0 - 5 years exp. (35 salaries)

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₹2 L/yr - ₹4.3 L/yr

arrow icon 30% less
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Gallagher Associate Salary

0 - 3 years exp. (33 salaries)

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₹2 L/yr - ₹5.5 L/yr

arrow icon 33% less
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Medi Assist India Associate Salary

1 - 4 years exp. (22 salaries)

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₹1.7 L/yr - ₹4.2 L/yr

arrow icon 39% less
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Allianz Partners Associate Salary

0 - 4 years exp. (20 salaries)

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₹2.5 L/yr - ₹5 L/yr

arrow icon 13% less
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Bharti AXA Life Insurance Associate Salary

2 - 6 years exp. (20 salaries)

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₹1.4 L/yr - ₹3.7 L/yr

arrow icon 28% less
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Axa XL Associate Salary

1 - 5 years exp. (19 salaries)

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₹3.5 L/yr - ₹7.3 L/yr

arrow icon 38% more
1 job opening
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Chubb Associate Salary

0 - 2 years exp. (10 salaries)

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₹4 L/yr - ₹6.1 L/yr

arrow icon 24% more
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Allianz Services Associate Salary

1 - 3 years exp. (10 salaries)

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₹2.5 L/yr - ₹3.7 L/yr

arrow icon 25% less
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Ageas Federal Life Insurance Associate Salary

0 - 11 years exp. (9 salaries)

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₹2 L/yr - ₹3.9 L/yr

arrow icon 32% less
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Edelweiss Life Insurance Associate Salary

0 - 11 years exp. (8 salaries)

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₹2 L/yr - ₹7 L/yr

arrow icon 8% less
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₹1.1 L/yr - ₹3.5 L/yr

arrow icon 43% less
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Principal Global Services Associate Salary

8 - 11 years exp. (6 salaries)

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₹6 L/yr - ₹11.8 L/yr

arrow icon 97% more
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Family Health Plan Associate Salary

1 - 6 years exp. (4 salaries)

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₹1.8 L/yr - ₹2.5 L/yr

arrow icon 51% less
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Allianz Associate Salary

0 - 2 years exp. (4 salaries)

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₹2.2 L/yr - ₹4.5 L/yr

arrow icon 13% less
View all
Associate salary at Cholamandalam MS General Insurance ranges between ₹0.9 Lakh to ₹8.6 Lakhs per year for employees with experience between 6 years to 14 years. Salary estimates are based on 4 latest salaries received from various employees of Cholamandalam MS General Insurance.

Latest annual salaries shared by Cholamandalam MS General Insurance Associate

11mo ago
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14 years exp.
1y ago
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7 years exp.
1y ago
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12 years exp.

Experience wise Cholamandalam MS General Insurance Associate salaries

Last Updated: 19 Feb 2024

Experience Avg Annual Salary
6 years (AmbitionBox Estimate)

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₹0.9 L/yr - ₹0.9 L/yr
7 years (AmbitionBox Estimate)

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₹0.7 L/yr - ₹2.2 L/yr
8 years (AmbitionBox Estimate)

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₹2.3 L/yr - ₹3 L/yr
9 years (AmbitionBox Estimate)

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₹3.2 L/yr - ₹4.1 L/yr
10 years (AmbitionBox Estimate)

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₹4 L/yr - ₹5.1 L/yr
View all

Similar Designation salaries in Cholamandalam MS General Insurance

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₹1.2 L/yr - ₹4.93 L/yr
Team Lead Salary
(36 salaries)
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₹2.8 L/yr - ₹9.5 L/yr
Technical Lead Salary
(3 salaries)
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₹16.4 L/yr - ₹17.2 L/yr
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₹1 L/yr - ₹2 L/yr
Plsql Developer Salary
(AmbitionBox Estimate)
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₹9 L/yr - ₹11.5 L/yr
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₹7.62 L/yr - ₹25 L/yr
Technology Analyst Salary
(AmbitionBox Estimate)
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₹5.4 L/yr - ₹6.9 L/yr
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₹2.45 L/yr - ₹4.32 L/yr
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₹7 L/yr - ₹16 L/yr
Senior Software Developer Salary
(AmbitionBox Estimate)
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₹13.1 L/yr - ₹16.7 L/yr

Salary related reviews for Cholamandalam MS General Insurance

Full Time

 · 

BFSI, Investments & Trading Department

5.0
  •  posted on 20 Nov 2024

3.0
 for  Salary and Benefits

Likes

Good company. Having Employee friendly. Happy to work here...

  • Skill development - Excellent
  • +5 more

Dislikes

Only In company promotion you can't get salary hike as you deserved . Some of the points your salary is laser then your colleagues and team.

read more

Full Time

 · 

BFSI, Investments & Trading Department

1.0
  •  posted on 07 Aug 2023

3.0
 for  Salary and Benefits

Likes

Nothing

Dislikes

Appraisals are terrible here even if achieved 275% of ytd target they increase only 7% of salary..no personal life teams meeting every now and then infact after working hours also, continue warning of termination if you fail to achieve daily numbers

read more
  • Promotions - Bad
  • +3 more

Full Time

 · 

Customer Success, Service & Operations Department

3.0
  •  posted on 06 Jan 2023

2.0
 for  Salary and Benefits

Likes

Murugappa group is a very big group, One of them is Chola General Insurance. Salary is good in the company.

read more

Dislikes

The company has a great name, but the company's senior front-line executives are not doing well in support.. The company does not use today's technology in the work.

read more
  • Salary - Poor
  • +3 more

Full Time

 · 

BFSI, Investments & Trading Department

5.0
  •  posted on 17 Jan 2023

5.0
 for  Salary and Benefits

Likes

...nts like tata, icici, Hdfc far better. No stress and dirty internal politics. Variables pay also high as compare to mention company.

read more
  • Salary - Excellent
  • +6 more

Dislikes

weekly 1 off, need to change in 5 day working week.

Full Time

 · 

BFSI, Investments & Trading Department

1.0
  •  posted on 20 Jan 2025

1.0
 for  Salary and Benefits

Likes

Zero like ...

Dislikes

Chola is fraud company. Senior behaviour is like shit. Industry low salary package. Salary not delivered in right time. Company fraud with both customer and employees.. Manager and TL both are drink beer in office. Manager steal petty cash and deposit many fake bills...

read more
  • Salary - Bad
  • +6 more
see more salary related reviews

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Cholamandalam MS General Insurance Associate Salary FAQs

What is the salary of Associate at Cholamandalam MS General Insurance ?
The average salary of a Associate at Cholamandalam MS General Insurance in India typically ranges from ₹0.9 Lakhs to ₹8.6 Lakhs per year, depending on experience (from 6 years to 14 years).

The top 10% of Associate at Cholamandalam MS General Insurance earn more than ₹8.6 Lakhs per year, and the top 1% earn over ₹8.6 Lakhs per year. Associate Salaries at Cholamandalam MS General Insurance can be higher or lower depending on factors such as the specific team, level of experience, and additional benefits like bonuses and stock options.

These estimates are based on salary data submitted by 4 Cholamandalam MS General Insurance employees in India.
What is the estimated take home salary of a Associate at Cholamandalam MS General Insurance in India?
The estimated take-home salary of a Associate at Cholamandalam MS General Insurance in India typically ranges from ₹33,288 to ₹34,553 per month. This is based on the average salary range of ₹0.9 Lakhs to ₹8.6 Lakhs per year for employees with experience ranging from 6 years to 14 years.The take-home salary is calculated after accounting for standard deductions such as taxes, provident fund (PF), and insurance. Salary estimates are based on 4 salaries received from various employees of Cholamandalam MS General Insurance. Check how we calculate in-hand salary with our in-hand salary calculator.
Which companies offer higher salaries than Cholamandalam MS General Insurance for Associate in India?
Swiss Re ₹5.0 Lakhs to ₹17.0 Lakhs per year
Principal Global Services ₹6.0 Lakhs to ₹11.8 Lakhs per year
Axa XL ₹3.5 Lakhs to ₹7.3 Lakhs per year
Chubb ₹4.0 Lakhs to ₹6.1 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by Cholamandalam MS General Insurance, depending on the role and experience level.
What is the salary of a Associate in companies similar to Cholamandalam MS General Insurance in India?
The salary of a Associate at companies similar to Cholamandalam MS General Insurance in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Edelweiss Life Insurance ₹2.0 Lakhs to ₹7.0 Lakhs per year
Allianz Partners ₹2.5 Lakhs to ₹5.0 Lakhs per year
MetLife ₹1.8 Lakhs to ₹6.2 Lakhs per year
Allianz ₹2.2 Lakhs to ₹4.5 Lakhs per year
Bajaj Allianz Life Insurance ₹3.5 Lakhs to ₹4.1 Lakhs per year

These companies, which operate in similar sectors, offer competitive salaries, although the range can vary based on the company and individual experience levels.
How the salary growth look like for a Associate at Cholamandalam MS General Insurance in India?
The salary growth for a Associate at Cholamandalam MS General Insurance depends on factors such as experience, performance, and promotions. On average, a Associate can expect the following growth trajectory at Cholamandalam MS General Insurance:

Experience Average Salary Range
6 years ₹0.9 Lakhs to ₹0.9 Lakhs per year
7 years ₹0.7 Lakhs to ₹2.2 Lakhs per year
8 years ₹2.3 Lakhs to ₹3.0 Lakhs per year
9 years ₹3.2 Lakhs to ₹4.1 Lakhs per year
and so on.

Tell us how to improve this page.

Cholamandalam MS General Insurance Associate salary in India ranges between ₹0.9 Lakh to ₹8.6 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 4 Cholamandalam MS General Insurance latest salaries received from various employees of Cholamandalam MS General Insurance.